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| 08 August, 2020, 02:08 AM IST | E-Paper
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    Wealth management during crisis

    Top gold loan interest rates

    To meet the financial emergency requirement, an individual has various options. Some of these options include taking a loan or redeeming their investments. One such option includes taking a gold loan. Here are the interest rate charged by a bank/NBFC on gold loans.

    Recast of individual loans due to coronavirus: Who, how and when

    The Reserve Bank of India (RBI) has announced a loan restricting plan for personal loans. The guidelines issued by the Central Bank provide an answer to what type of individual borrowers these resolution plans can be offered.

    Your bank will decide how to recast your Coronavirus-hit loan: Dec 31 is deadline

    The moratorium on loan EMIs offered across the board to individuals earlier, has not been extended and will expire as scheduled at the end of August 2020. If the borrower can now opt for loan restructuring as per the resolution plan offered by his/her lending institution.

    Your gold jewellery will now fetch you a higher loan amount. Here's why

    A gold loan is a loan against gold. It is a secured loan where gold articles such as gold jewellery, bullion etc. are taken as collateral by the lending bank/NBFC. The loan is given to the borrower against this gold as collateral.

    Credit score checklist: How it is calculated, factors affecting it and ways to improve it

    Credit score checklist: How it is calculated, factors affecting it and ways to improve it

    It is important to know the factors that affect your credit score. If you have a weak score, the lending bank of financial institutions may reject y

    You may not get a home loan despite having a good credit score: Here's why

    The credit score indicates how an applicant’s earlier loans were serviced but nothing about his ability to service more loans. While evaluating the financial fitness of a borrower, banks also look at the applicant’s ability to pay off the additional debt that he wishes to take on.

    How to get loans even with a low credit score

    The cut-offs in credit scores used for evaluating loan applications can vary across lenders. Some lenders set a high cut-off in credit scores while approving loan applications while others may approve loans to those with a lower credit score.

    Difference between card payment via EMI on shopping site and paying credit card due via EMI

    The credit card EMI offers available at stores and e-commerce portals while buying/paying for the product are popularly known as merchant EMI offers. These are usually offered based on the tie-ups between the merchants/manufacturers and the credit card issuer.

    Importance of credit score and how you can check, improve it

    Before a loan is granted to a customer, the lending bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due.

    Gold price crosses 50K: To deal with cash crunch, should you monetise idle gold?

    Gold price crosses 50K: To deal with cash crunch, should you monetise idle gold?

    Gold loans are not expensive and easy to avail too. Many households are monetising their idle gold to tide over financial crises caused by job losse

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